Sany, Union Bank collaborate to provide financial support to its customer
ECONOMY & POLICY

Sany, Union Bank collaborate to provide financial support to its customer

Sany India, a leading manufacturer of construction equipment, is pleased to announce the signing of an MoU with Union Bank of India. Through this strategic partnership Sany India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers, while facilitating easier access to Sany India?s advanced product line along with readily available financial solutions.

The MoU was signed in the presence of Naveen Jain, Zonal Head , Pune of Union Bank of India, and Sanjay Saxena, COO of Sany India, accompanied by senior officers from both organisations. This collaboration between Sany India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors.

Saxena stated, ?We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.?

Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, ?The MSME schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank?s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.?

Jain commented, ?We are pleased to enter this strategic partnership with Sany India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our construction equipment finance schemes, prospective buyers of Sany equipment can easily avail themselves of financing tailored to meet their financial requirements.?

This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

Sany India, a leading manufacturer of construction equipment, is pleased to announce the signing of an MoU with Union Bank of India. Through this strategic partnership Sany India aims to provide substantial growth and development opportunities across the country along with enhanced financial support to its customers, while facilitating easier access to Sany India?s advanced product line along with readily available financial solutions. The MoU was signed in the presence of Naveen Jain, Zonal Head , Pune of Union Bank of India, and Sanjay Saxena, COO of Sany India, accompanied by senior officers from both organisations. This collaboration between Sany India and Union Bank of India is strategically designed to leverage the strengths of both entities, providing range of customized financial services tailored to meet the needs of the customers. This collaboration is designed to streamline the financing process, making it more efficient and customer-friendly, thereby empowering businesses across various sectors. Saxena stated, ?We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.? Highlighting the significant reliance on Union Bank of India for equipment financing, Saxena added, ?The MSME schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank?s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.? Jain commented, ?We are pleased to enter this strategic partnership with Sany India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our construction equipment finance schemes, prospective buyers of Sany equipment can easily avail themselves of financing tailored to meet their financial requirements.? This partnership marks a milestone in the financial and construction sectors, promising a collaborative relationship that will benefit customers, foster industry growth, and support national development goals.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code